Car owners cannot do without car insurance. It is a necessity one should not ever overlook. One may argue that the premium rates are too high. But then many of them do not know that there are many ways to get a reasonably priced insurance policy. One needs to research well enough to find the right deals.
When it comes to car insurance, perhaps no other factor matters more than the driving record of the driver. A person with a safe collision-free driving record, also free of speeding or traffic fines, is a potential candidate for cheap insurance deals.
Going for deductibles is another preferable way to cut down on premiums. Deductible is the amount that the insured pays to the insurer before the benefits of the policy can apply. This amount is paid by the insured before receiving reimbursement upon an insurance claim under the policy. It is a fixed amount. The higher the amount of deductibles you pay, the lower your premiums will be.
Do not forget to shop around, because there are good deals available but people are not aware of it because they do not put in time or patience to research for them. When you want to research, some of the best deals are on the Internet.
Visit online and collect quotes from as many insurance companies as you can. Not just because this opens your mind to better deals and gives you better options to ponder about, but also because it is a rather easy process.
You have to just fill out an online application form before you are supplied with quotes from all the car insurance companies where you have applied. Once you get the quotes, compare them judiciously, obviously taking into consideration the premiums payable but at the same time, also the terms and conditions of the policy and the coverage you will be eligible for.
The author is an expert in car insurance uk, van insurance, breakdown cover UK and has written a number of authoritative articles on this subject. His articles are widely read because of the clever tips and valuable advices he provides in them.
For many younger drivers their first car will typically not be a top-end sports car, in most cases it won’t even be a new car, it will be second hand.
This isn’t a major problem since most new cars are ditched by their initial owners within a few years when the car is still in perfect working condition, simply because they are looking for the latest and greatest.
So there’s a chance that young drivers will end up with a much older car as their first which should be cheap to insure and get them from A to B.
With insurance rates being so high at the moment for young drivers they may be tempted to simply not get insured as it would cost more than the car is worth anyway. This is a huge mistake and they are taking an even bigger risk.
Car insurance is mandatory in this country (and the minimum cover for the entire European Union is third party cover at least) and being caught without valid insurance is a criminal offense and would incur a large fine and possibly points on your license or a driving ban.
Many young drivers who are arrested for other traffic offenses will also turn out to be uninsured too which would do them no favours when the boys in blue catch up with them.
So what can you do to keep the cost of this old banger down? Well there is a type of car insurance that may prove to be more apt for your vehicle: Third party, fire and theft. This policy would cover most of the incidents that may occur being theft and collisions that aren’t your fault but not cover damage your car receives if you were to be at fault for the collision.
If you were to be at fault for a collision then it would cover the other vehicle’s damage but not your own, which may very well be a blessing in disguise as your car may be cheap enough that the repair costs would end up totaling more than the vehicle itself.
So third party, fire and theft car insurance can help drag your policy price down to an extent and would save you money in the long run as your insurance policy will not be covering damage you cause to the vehicle and save you some money on insurance premiums in the future.
Many young drivers are choosing this level of insurance as opposed to fully comprehensive for their first vehicle as it helps to keep the running costs of their first vehicle down and so they can start saving money for an upgrade when they earn a bit more and then can possibly cover a newer, more powerful car which they then would warrant needing fully comprehensive cover.
If you are looking for car insurance or need to find a better deal then check online with many insurers to find the best car insurance quotesfor your particular needs. Check with your motor insurance to see if you can make a saving on your car insurance.